Overview Performance Dividends Correlations

4 Stock and 96 ETF HYI (Western Asset High Yield Defined Opportunity Fund) alternatives

The most close HYI (Western Asset High Yield Defined Opportunity Fund) alternative is ETF CEFZ (RIVERNORTH ACTIVE INCOME ETF). The correlation is 0.9598.

Stocks that highly correlated with HYI

Symbol	Name	Market cap	Sector	Industry	Correlation
ADAMM	Adamas Trust Inc	$2.27B	Real Estate	Reit - Mortgage	0.88
EFC-P-A	Ellington Financial Inc	$3.14B	N/A	Other	0.86
WDI	Western Asset Diversified Income Fund	$708M	Financial Services	Asset Management	0.86
ADAMN	Adamas Trust Inc	$2.19B	Real Estate	Reit - Mortgage	0.85

ETFs that highly correlated with HYI

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$40M	3.36%	Dec 27, 2006	0.96
EAD	Allspring Income Opportunities Fund	$426M	N/A	N/A	0.92
YYY	AMPLIFY CEF HIGH INCOME ETF	$721M	3.23%	Jun 12, 2012	0.91
PCEF	INVESCO CEF INCOME COMPOSITE ETF	$831M	2.71%	Feb 19, 2010	0.91
HIO	Western Asset High Income Opportunity Fund Inc	$371M	N/A	N/A	0.91
FCEF	FIRST TRUST INCOME OPPORTUNITIES ETF	$79M	3.69%	Sep 27, 2016	0.90
SJNK	STATE STREET(R) SPDR BLOOMBERG SHORT TERM HIGH YIELD BOND ETF	$4.90B	0.40%	Mar 14, 2012	0.90
HYGV	FLEXSHARES HIGH YIELD VALUE-SCORED BOND INDEX FUND	$1.10B	0.37%	Jul 17, 2018	0.90
HYUP	XTRACKERS HIGH BETA HIGH YIELD BOND ETF	$46M	0.20%	Jan 11, 2018	0.90
BLW	BlackRock Ltd Duration Income Trust	$518M	N/A	N/A	0.90
JGH	Nuveen Global High Income Fund	$386M	N/A	N/A	0.90
YLD	PRINCIPAL ACTIVE HIGH YIELD ETF (FORMERLY PRINCIPAL ACTIVE INCOME ETF)	$573M	0.39%	Jul 8, 2015	0.90
AWF	AllianceBernstein Global High Income Fund Inc	$980M	N/A	N/A	0.90
ISD	PGIM High Yield Bond Fund Inc	$457M	N/A	N/A	0.90
FLHY	FRANKLIN HIGH YIELD CORPORATE ETF	$1.20B	0.40%	May 30, 2018	0.90
HYDB	ISHARES HIGH YIELD SYSTEMATIC BOND ETF	$1.60B	0.35%	Jul 11, 2017	0.89
DHF	BNY Mellon High Yield Strategies Fund	$197M	N/A	N/A	0.89
BSJQ	INVESCO BULLETSHARES 2026 HIGH YIELD CORPORATE BOND ETF	$942M	0.43%	Aug 9, 2018	0.89
GHY	PGIM Global High Yield Fund Inc	$531M	N/A	N/A	0.89
FALN	ISHARES FALLEN ANGELS USD BOND ETF	$1.60B	0.25%	Jun 14, 2016	0.89
ERC	Allspring Multi-Sector Income Fund	$276M	N/A	N/A	0.89
HYS	PIMCO 0-5 YEAR HIGH YIELD CORPORATE BOND INDEX EXCHANGE-TRADED FUND	$1.70B	0.56%	Jun 16, 2011	0.89
SHYL	XTRACKERS SHORT DURATION HIGH YIELD BOND ETF	$266M	0.20%	Jan 9, 2018	0.89
BSJR	INVESCO BULLETSHARES 2027 HIGH YIELD CORPORATE BOND ETF	$854M	0.42%	Sep 12, 2019	0.89
SHYG	ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF	$7.60B	0.30%	Oct 15, 2013	0.89
VLT	Invesco High Income Trust II	$71M	N/A	N/A	0.89
USHY	ISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF	$29B	0.08%	Oct 25, 2017	0.89
JNK	STATE STREET(R) SPDR(R) BLOOMBERG HIGH YIELD BOND ETF	$7.30B	0.40%	Nov 28, 2007	0.89
PHYL	PGIM ACTIVE HIGH YIELD BOND ETF	$1.30B	0.39%	Sep 24, 2018	0.89
BBHY	JPMORGAN BETABUILDERS USD HIGH YIELD CORPORATE BOND ETF	$611M	0.07%	Sep 15, 2016	0.88
SPHY	STATE STREET(R) SPDR(R) PORTFOLIO HIGH YIELD BOND ETF	$11B	0.05%	Jun 18, 2012	0.88
FPEI	FIRST TRUST INSTITUTIONAL PREFERRED SECURITIES AND INCOME ETF	$1.90B	0.85%	Aug 22, 2017	0.88
EVV	Eaton Vance Ltd Duration Income Fund	$1.20B	N/A	N/A	0.88
HYT	BlackRock Corporate High Yield Fund Inc	$1.80B	N/A	N/A	0.88
HYG	ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF	$18B	0.49%	Apr 4, 2007	0.88
HYLB	XTRACKERS USD HIGH YIELD CORPORATE BOND ETF	$3.50B	0.05%	Dec 6, 2016	0.88
CEFS	SABA CLOSED-END FUNDS ETF	$427M	2.61%	Mar 20, 2017	0.88
INKM	STATE STREET(R)INCOME ALLOCATION ETF	$72M	0.50%	Apr 25, 2012	0.88
GHYG	ISHARES US & INTL HIGH YIELD CORP BOND ETF	$199M	0.40%	Apr 3, 2012	0.88
FPE	FIRST TRUST PREFERRED SECURITIES AND INCOME ETF	$6.30B	0.83%	Feb 11, 2013	0.88
IFLN	Invesco Fundamental High Yield Corporate Bond ETF	$320M	0.23%	Nov 15, 2007	0.88
IYLD	ISHARES MORNINGSTAR MULTI-ASSET INCOME ETF	$126M	0.50%	Apr 3, 2012	0.87
ANGL	VANECK FALLEN ANGEL HIGH YIELD BOND ETF	$3.10B	0.25%	Apr 10, 2012	0.87
PREF	PRINCIPAL SPECTRUM PREFERRED SECURITIES ACTIVE ETF	$1.80B	0.55%	Jul 10, 2017	0.87
FDHY	FIDELITY ENHANCED HIGH YIELD ETF	$536M	0.35%	Jun 12, 2018	0.87
PFLD	AAM LOW DURATION PREFERRED AND INCOME SECURITIES ETF	$420M	0.45%	Nov 19, 2019	0.87
QHY	WISDOMTREE U.S. HIGH YIELD CORPORATE BOND FUND	$238M	0.38%	Apr 27, 2016	0.87
PFFR	INFRACAP REIT PREFERRED ETF	$115M	0.45%	Feb 7, 2017	0.87
JPC	Nuveen Preferred & Income Opportunities Fund	$2.90B	N/A	N/A	0.87
PFFA	VIRTUS INFRACAP U.S. PREFERRED STOCK ETF	$2.40B	2.11%	May 15, 2018	0.87
NUHY	NUVEEN ESG HIGH YIELD CORPORATE BOND ETF	$108M	0.30%	Sep 25, 2019	0.87
EHI	Western Asset Global High Income Fund Inc	$197M	N/A	N/A	0.87
TPLC	TIMOTHY PLAN US LARGE/MID CAP CORE ETF	$304M	0.52%	Apr 30, 2019	0.87
GHYB	GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF	$132M	0.15%	Sep 5, 2017	0.87
GSEW	GOLDMAN SACHS EQUAL WEIGHT U.S. LARGE CAP EQUITY ETF	$1.80B	0.09%	Sep 12, 2017	0.87
JHI	John Hancock Investors Trust	$126M	N/A	N/A	0.87
VRP	INVESCO VARIABLE RATE PREFERRED ETF	$3B	0.50%	May 1, 2014	0.87
BGB	Blackstone Strategic Credit 2027 Term Fund	$525M	N/A	N/A	0.87
HIPS	GraniteShares HIPS US High Income ETF	$110M	1.17%	Jan 7, 2015	0.86
ALTY	GLOBAL X ALTERNATIVE INCOME ETF	$46M	0.50%	Jul 13, 2015	0.86
NFLT	VIRTUS NEWFLEET MULTI-SECTOR BOND ETF	$439M	0.50%	Aug 10, 2015	0.86
HYLS	FIRST TRUST TACTICAL HIGH YIELD ETF	$1.60B	0.69%	Feb 25, 2013	0.86
VGI	Virtus Global Multi-Sector Income Fund	$91M	N/A	N/A	0.86
UJB	PROSHARES ULTRA HIGH YIELD	$19M	N/A	Apr 13, 2011	0.86
EMD	Western Asset Emerging Markets Debt Fund Inc	$648M	N/A	N/A	0.86
BGX	Blackstone Long-Short Credit Income Fund	$155M	N/A	N/A	0.86
HIX	Western Asset High Income Fund II Inc	$371M	N/A	N/A	0.86
JQC	Nuveen Credit Strategies Income Fund	$794M	N/A	N/A	0.86
NCV	Virtus Convertible & Income Fund	$438M	N/A	N/A	0.86
GDV	Gabelli Dividend & Income Trust	$2.90B	N/A	N/A	0.86
PGHY	INVESCO GLOBAL EX-US HIGH YIELD CORPORATE BOND ETF	$220M	0.35%	Jun 20, 2013	0.86
PEX	ProShares Global Listed Private Equity ETF	$11M	2.95%	Feb 26, 2013	0.85
DSU	BlackRock Debt Strategies Fund Inc	$598M	N/A	N/A	0.85
EUSA	ISHARES MSCI USA EQUAL WEIGHTED ETF	$1.70B	0.09%	May 5, 2010	0.85
BLES	INSPIRE GLOBAL HOPE ETF	$166M	0.60%	Feb 27, 2017	0.85
FPF	First Trust Intermediate Duration Preferred & Income Fund	$1.20B	N/A	N/A	0.85
NCZ	Virtus Convertible & Income Fund II	$336M	N/A	N/A	0.85
SCD	LMP Capital and Income Fund Inc	$396M	N/A	N/A	0.85
SHRY	FIRST TRUST BLOOMBERG SHAREHOLDER YIELD ETF	$15M	0.60%	Jun 20, 2017	0.85
FSCS	FIRST TRUST SMID CAPITAL STRENGTH ETF	$59M	0.60%	Jun 20, 2017	0.85
SIZE	ISHARES MSCI USA SIZE FACTOR ETF	$428M	0.15%	Apr 16, 2013	0.85
SEIX	VIRTUS SEIX SENIOR LOAN ETF	$250M	0.57%	Apr 23, 2019	0.85
PFN	Pimco Income Strategy Fund II	$686M	N/A	N/A	0.85
GGZ	Gabelli Global Small and Mid Cap Value Trust	$141M	N/A	N/A	0.85
HYGH	ISHARES INTEREST RATE HEDGED HIGH YIELD BOND ETF	$550M	0.52%	May 27, 2014	0.85
MDIV	MULTI-ASSET DIVERSIFIED INCOME INDEX FUND	$416M	0.71%	Aug 13, 2012	0.85
MOTG	VANECK MORNINGSTAR GLOBAL WIDE MOAT ETF	$17M	0.52%	Oct 30, 2018	0.85
BIT	BlackRock Multi-Sector Income Trust	$759M	N/A	N/A	0.85
HYZD	WISDOMTREE INTEREST RATE HEDGED HIGH YIELD BOND FUND	$241M	0.43%	Dec 18, 2013	0.85
CIK	Credit Suisse Asset Management Income Fund Inc	$150M	N/A	N/A	0.85
RSP	INVESCO S&P 500 EQUAL WEIGHT ETF	$94B	0.20%	Apr 24, 2003	0.85
DHY	Credit Suisse High Yield Bond Fund	$211M	N/A	N/A	0.85
VO	VANGUARD MID-CAP INDEX FUND ETF SHARES	$224B	0.03%	Jan 26, 2004	0.85
BTZ	BlackRock Credit Allocation Income Trust	$1B	N/A	N/A	0.85
MMT	MFS Multimarket Income Trust	$567M	N/A	N/A	0.85
REVS	COLUMBIA RESEARCH ENHANCED VALUE ETF	$310M	0.19%	Sep 25, 2019	0.85